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Thursday, May 30, 2013

Investors Bet Tiny Micro Apts. Can Yield Outsized Returns

National Commercial Real Estate News From CoStar Group

Investors Bet Tiny Micro Apts. Can Yield Outsized Returns

In keeping with the current 'small can be beautiful' trend in corporate office space and storefronts, studio micro apartment units are getting a long look from developers and investors hoping to maximize returns in several of the nation's most heated multifamily markets.

From Boston, New York City and Washington, D.C., to San Francisco and Southern California, builders are proposing new apartment projects with significant mixes of ultra-small units...